Leggett & Platt (LEG) EVP Robert S. Smith Jr. receives stock grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Leggett & Platt Inc. executive Robert S. Smith Jr., EVP and President – Specialized and FF&T, reported two compensation-related acquisitions of common stock. These were both coded as “A” grants/awards, increasing his direct holdings through non-market awards rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SMITH ROBERT S JR
Role
EVP, Pres. - Spec. and FF&T
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 106.845 | $9.299 | $993.55 |
| Grant/Award | Common Stock | 193.363 | $8.752 | $2K |
Holdings After Transaction:
Common Stock — 149,847.537 shares (Direct)
Footnotes (1)
Key Figures
Shares granted (award 1): 193.3627 shares
Grant value per share (award 1): $8.7520 per share
Shares granted (award 2): 106.8448 shares
+1 more
4 metrics
Shares granted (award 1)
193.3627 shares
Non-derivative common stock grant coded A to Robert S. Smith Jr.
Grant value per share (award 1)
$8.7520 per share
Reported value associated with 193.3627-share common stock award
Shares granted (award 2)
106.8448 shares
Second non-derivative common stock grant coded A
Grant value per share (award 2)
$9.2990 per share
Reported value associated with 106.8448-share common stock award
Key Terms
Grant, award, or other acquisition, Common Stock, non-derivative
3 terms
Grant, award, or other acquisition financial
"transaction code description is “Grant, award, or other acquisition”"
Common Stock financial
"security title for both transactions is listed as Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"each transaction is identified as a non-derivative security transaction"
FAQ
What insider activity did LEG report for Robert S. Smith Jr. on this Form 4?
Robert S. Smith Jr. reported two acquisitions of Leggett & Platt common stock coded as grants/awards. These are non-market, compensation-related issuances rather than open-market buying or selling of shares.
What prices are associated with the LEG stock awards to Robert S. Smith Jr.?
The 193.3627-share award is reported at $8.7520 per share, and the 106.8448-share award is reported at $9.2990 per share. These values typically reflect accounting or grant-date values, not open-market trade prices.
Were Robert S. Smith Jr.’s LEG transactions open-market buys or sells?
No. Both transactions are coded “A” as grants or awards, indicating compensation-related share acquisitions. The filing shows no open-market purchases or sales associated with these entries.
What is Robert S. Smith Jr.’s role at Leggett & Platt (LEG) in this Form 4?
Robert S. Smith Jr. is identified as an officer of Leggett & Platt, serving as EVP, President – Specialized and FF&T. The reported transactions reflect stock-based compensation linked to this executive role.
Do the LEG Form 4 transactions involve any derivative securities or options?
No. Both reported entries involve non-derivative common stock, and the derivative position section is empty. There are no option exercises or other derivative transactions disclosed in this Form 4.